Brief: Heartland Financial Reports Quarterly Earnings Per Share $0.82

Heartland Financial USA

27/07/2020 21:09

July 27 (Reuters) - Heartland Financial USA Inc  HTLF.O :
    * HEARTLAND FINANCIAL USA, INC. REPORTS QUARTERLY AND YEAR
TO DATE
RESULTS AS OF JUNE 30, 2020
    * Q2 ADJUSTED NON-GAAP EARNINGS PER SHARE $1.40 EXCLUDING
ITEMS
    * QUARTERLY EARNINGS PER SHARE $0.82
    * Q2 EARNINGS PER SHARE ESTIMATE $0.45 -- REFINITIV IBES
DATA
    * HEARTLAND FINANCIAL USA - CONTINUED ECONOMIC DISRUPTION
FROM
COVID-19 WILL MAKE IT DIFFICULT FOR SOME CUSTOMERS TO REPAY
PRINCIPAL, INTEREST ON LOANS
    * SUBSIDIARY BANKS HAVE BEEN WORKING WITH CUSTOMERS TO
MODIFY
TERMS OF CERTAIN EXISTING LOANS
    * NET INTEREST INCOME WAS $124.1 MILLION IN Q2 VERSUS $106.7
MILLION

Source text for Eikon:  ID:nGNX79rqp6 
Further company coverage:  HTLF.O 

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